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7 popular payroll software services

7 popular payroll software services

Payroll management can get overwhelming as the business and its needs grow over time. A company must look out for their employees just as they do for their clients/customers. Payroll software comes in handy to manage the team well. There are several payroll software services in the market, and here are some of the most popular ones which offer extensive services catering to employees’ benefits. Let’s have a look at them in brief.

Gusto
Gusto offers affordable and good value to its customers. The service includes unlimited payroll runs, paid time off (PTO) tracking, full-service payroll in all the states, and basic reports in all the tiers. They have five plans currently. The Core Plan is for small businesses and costs about $39 a month, whereas the Complete plan is for businesses with complex hiring and management needs; it costs about $39 a month plus $12 a month for any extra person added. The Concierge plan is for sophisticated HR needs priced at $149 a month, and for the Select plan, you will have to speak to an executive for details. Another plan called Contractor Only charges $6 per month per person.

Paychex Flex
With extensive (over 160) report support, Paychex Flex helps you meticulously deal with payroll and management services. They have several plans catering to different business needs and sizes. They have plans for self-employed workers, 1-9 employees, 10-49 employees, or 50-1,000+ employees based on business sizes. Apart from just payroll services, they also have HR resources, insights, and compliance programs that help manage the team smoothly. They also have a 24*7 customer service which is helpful if you work in different time zones and need some additional support with the services. Paychex also integrates with some other software services like QuickBooks and Xero accounting software.

Quickbooks Payroll
This accounting software has four different plans for the user. The Simple Start costs $12.50 a month, including income and expenses, invoices and payments, tax deductions, and general reports. The second option is Essentials which costs $25 a month, and apart from the features included in Simple Start, the add ons include bill management and time tracking for three users. The Plus plan includes five users, inventory, and project profitability at just about $40. The most expensive plan, the Advanced plan, includes more than five users, extensive reports and analytics, employee expenses, batch invoices, expense reports, and more.

Workful
This is an excellent pick for small business owners. It is fast and easy to understand, making it very user-friendly. It tracks employee expenses, offers time clock tracking on geolocation, and also includes document storage. However, it does not have the extensive reporting features that some of the other software services include. This may hinder any analytics and insights that you may want to improve in the management system. It would be best to speak to an executive to get a quote for your software solution needs. The software integrates Quickbooks Online. This may be an issue for those looking to add any more integrations.

OnPay
OnPay offers only one monthly base fee of $36 and then $4 a month per person. The first month and the setup included is free, post which you start paying the fee depending on the number of employees in your business. They provide unlimited monthly pay runs, automated tax payments and filings, free W-2 and 1099 processing, HR tools and software integrations, and expert customer support whenever needed. There is no hidden fee, so you pay the charges for your payroll solution needs.

ADP
ADP provides several add-on services apart from payroll, like retirement tracking, HR compliance, worker’s compensation, time and attendance tracking, insurance, and even Professional Employment Organizations (PEO). You can get a quote from the website by simply entering the number of employees, selecting the services you need, entering your company name and email address, and receiving an email with the pricing information. They essentially have four different plans; Essential Payroll, Enhanced Payroll, Complete Payroll + HR, HR Pro Payroll + HR. ADP is known to be suitable not just for small businesses with about 1 to 49 employees but also for mid and large companies that deal with over 1000+ employees daily.

Payroll4Free
This is a free-to-use software service. If you are a small business owner with just 25 employees or below, this may be the best option for use. Unfortunately, it does not have many features. However, it boasts of a number of services like tax calculations and forms, direct deposits and paper checks, vacation time tracking, employee portal, detailed reporting, quick and easy enrollment, and integration tools. The company strives to understand its customer’s needs and attempts to improve their features accordingly. Payroll4Free has robust customer service to adhere to the needs of its customers.